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Brent crude futures climbed by 84 cents, representing a 0.9% increase, reaching $89.76 per barrel by 11:38 a.m. ET (1538 GMT). Similarly, U.S. West Texas Intermediate futures experienced a gain of 76 cents, or 0.9%, reaching $85.91 per barrel.
Both oil benchmark contracts lost more than $1 per barrel on Wednesday, pressured by the rise in US crude inventories as refining dropped to its lowest levels since December 2022.